Sunday, January 08, 2006

:: METALS AND OIL WILL BE BEST SURVIVE FOR 2006 ::

Firstly, I would like to wish you a happy year 2006. Let it be a time when you shall experience joy, abundant success and great prosperity

GOLD
This year gold finally crossed the magical figure of $517.50 after which it remained quite volatile. In the last quarter, metal stocks also had a great performance. Throughout the year, metal investors have had good returns in metals and they shall see many more years like this in coming time. Metals may have a double top and within 30 days it should be for high prices. As recommended, trading options will be the right advice as future contracts carry huge risk in a volatile market though they can also provide great returns. One should therefore trade while taking into account the risk factor.


GOLD Trade in the range of $499.80 to $512.90. If it crosses $512.90, then it may go up to $518.80, 575 and that should be the top as well as a great opportunity to sell.



We shall see gold prices go below $500 in the next quarter before moving towards $1000 in the next three years.

Short term: Sideways or down (10 days)
Upside $555.50 and down side $512.2 to $508.60

Medium term: Uncertain (3 to 9 months)
Upside target $575 and down side $441.70

Long term Up (2 to 5 years)
Up to $1000 to $1200

Projected outcome: Gold would rally after September 27, 2001 and cross $300 with a few months. By 2004, it would cross $450 and by 2008 with would be over $1,000.

Outcome and dates: Gold bottomed on exactly September 27, 2001, crossed $300 in January, 2002, and crossed $450 in November, 2004

BY JULY 2006 WE CAN SEE 440 LVLS-460 LVLS AS GOLD WILL BOTTOM THERE SOOON BY SEPT 2006 BUY IS THE GOOD & GOLDEN OPPURTUNITY

Silver could touch $18 to $27 within the next three years. At this stage, I don’t have a clear picture as regards the timing factor but I shall immediately avail it as soon as I get it.

I have made many mistakes, and timing wise I came many time off track. So try to risk management the things

OIL

Black Oil is like Black gold which will do more in comming month after march it is no doubt it can reach 90,100,110+.... in this year ...Oil will hit hardly to the economy of the highly populated countries like India China More the demand less the supply will cause opec to soar the prices to moon .Once the markets feel less supply it will march towards north i dont think until feb 2006 it will happen .Oil will do more in last 2 quarters & fire its rocketed prrices to surge demand & supply theory

OIL will be in trading ranage of 50-70 in next couple of months well we can seee good buy of oil in this year with metals rallying .... Nature may cause disasters or natural causes upto 2006 sept & the stock markets of US will make downward sense dollar depreciation

DOLLAR CAN BE DEPRCAITED IN HIGHER TERMS CAN CUSE COMMODITES ENERGY TO RISE OR SOAR UPTO THE MOON ( WILL MARCH NORTH )

: : Sunil S Jain : :

Disclaimer: There is risk of loss in all commoditiestrading. I do not guarantee profits or pre-determined loss points, and are not held monetarily responsiblefor the trading losses of others

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